GM from the Farcaster Trenches!

Hey, it’s Kyle Patrick here, bringing you the latest updates and insights straight from the frontlines of the Farcaster ecosystem. Let’s dive into what’s shaping the week ahead and celebrate the incredible work happening across our community!

Today's Updates:

The DEGEN team is planning Airdrop 3 to fund builders through a structured grant system. Here’s how it works:

1. Statements of Work (SOW): The community will post tasks or projects.

2. Proposals & Qualifications: Developers submit their proposals and qualifications.

3. Community Voting: The community votes on the best proposals. Voting power is based on DEGEN or locked DEGEN.

   

This system ensures fair funding, efficient dev selection, and no duplicate work. Instead of multiple devs competing for the same task, the community selects the best proposal, and the chosen dev gets to work.

We Need Your Feedback!

• Are there platforms that support this model?

• Any concerns or improvements you’d suggest?

The goal is to empower builders with a transparent and community-driven process.

AIXBT launches $ABYSS, a new Clanker token deployed through Bankr. This marks another step in expanding the Clanker ecosystem, allowing seamless token creation and trading on Base.

With Bankr’s infrastructure, $ABYSS holders can easily manage their assets, claim fees, and track their portfolio value—all integrated with Zapper for real-time USD valuations. Stay tuned for further developments and potential integrations.

Warpcast has introduced a new feature allowing users to tap into any ticker or contract address (CA) directly from the feed.

With this update, you can now:

• View Farcaster users who hold the token, providing more social insights into token communities.

• Swap tokens instantly using your Warpcast Wallet, making onchain interactions smoother than ever.

This enhancement further integrates Farcaster with onchain trading, improving accessibility and engagement within the ecosystem.

Ponder is considering integrating Clanker pools into its prediction markets, allowing users to earn and engage with ecosystem tokens in a new way.

Under this model, a pool could be seeded with 10M $BRACKY, and users would pay their entry fees in $USDC, which would then be converted into $BRACKY before payouts. This approach introduces higher return variability while rewarding participants with eco tokens, enhancing engagement within the ecosystem.

More details on implementation and potential rollouts are expected soon.

Bankr has introduced key upgrades to its private terminal, enhancing the experience for users who have deployed @clankeronbase coins through the platform.

With this update, creators can now claim their fees directly, streamlining the process of managing token earnings. Additionally, wallets now display the total USD value of portfolios and individual holdings, thanks to an integration with @zapper_fi.

These improvements provide users with greater transparency and control over their assets, reinforcing Bankr’s commitment to building powerful tools for onchain finance.

Receipts is kicking off the Collective Movement Series, a six-month initiative offering prizes and perks from top fitness and wellness brands. Each month, new rewards will be up for grabs, giving participants a chance to earn exciting benefits just by staying active.

For February, Receipts is partnering with Salomon, a leader in high-performance running gear. This month’s prizes include $1000 in gift cards, Aero Glide 3 running shoes, and Adv Skin 12 running vests. In addition, all participants will receive bonus points, making every effort count toward future rewards.

Stay tuned for more brand collaborations in the coming months, and don’t miss out on the chance to win while leveling up your fitness journey.

Empire Builder is here to revolutionize how you create and manage token utilities. Designed for creators and communities, it offers powerful tools to maximize engagement and value.

Key Features:

1. Treasury & Rewards:

   • Dedicated treasury for each empire.

   • Multi-token reward distribution.

   • Fair and random distribution to top holders.

   • Full ownership of treasury smart contracts.

2. Community Engagement:

   • Leaderboard tracking top holders.

   • Dynamic booster system for ERC20s and NFTs, multiplying leaderboard scores up to 5x for engaged members.

3. Creator-First Design:

   • 60% creator fee split for tokens launched via Empire Builder through our Clanker partnership.

   • Seamless integration with Clanker, Moxie, and existing Base token structures.

   • Community takeover possibilities for established projects.

Empire Builder empowers creators to build thriving, utility-driven token ecosystems. Ready to take your project to the next level?

Terminal has introduced a Solana leaderboard, rewarding top traders while driving buybacks and deflation.

• 60% of swap fees are distributed to top traders.

• 40% of fees go toward $TERMINAL buybacks.

• ~20.4% of the total supply has been burned to date, reinforcing token scarcity.

Disclaimer: This article is for entertainment and informational purposes only and should not be considered financial advice. Investing in cryptocurrencies and NFTs carries risks, including the potential loss of your entire investment.